President Bola Tinubu on Monday wrote two letters to the Senate, seeking confirmation of 21 nominees for the boards of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). According to a statement by Special Adviser to the President on Information and Strategy, Bayo Onanuga, in the […]
The Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has firmly rejected recent allegations that he funded his children’s multimillion-dollar Swiss education through corrupt means, describing the claims as timed smears amid his agency’s regulatory reforms. In a detailed personal statement released Tuesday, Ahmed attributed the accusations—centering on $5 […]
Aliko Dangote, chairman of Dangote Industries Limited (DIL), has accused the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) of issuing licences for the importation of petroleum products from Russia. Dangote made the allegation on Sunday while speaking on the state of the downstream sector and other industry issues during a media parley at his […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) on Thursday presented Nigeria’s first Gas Trading License and Clearing House and Settlement Authorisation to JEX Markets Limited, in line with the Petroleum Industry Act (PIA). The official presentation was done in Abuja by Dr Ekperikpe Ekpo, Minister of State Petroleum Resources (Gas), Authority Chief Executive, […]
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the proposed implementation of a 15 per cent ad-valorem import duty on imported Premium Motor Spirit (PMS) and Diesel is no longer under consideration. In a statement posted on its X handle on Thursday, the Director of Public Affairs at NMDPRA, George Ene-Ita, […]